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$VG S&P 500(VOO.US)
VOO opened lower today as October CPI came in hotter than expected, with headline inflation rising 0.4% MoM and core CPI up 0.3%. This is particularly concerning given Fed Governor Christopher Waller’s warning that a 50bps hike should be considered if inflation remains elevated. It reinforces fears that the Fed may be falling behind the curve, leaving markets to contend with a more aggressive tightening path.
"Jumpy" markets currently especially with chip stocks trading up and down pretty quickly within the span of hours. Some of them were actually down in pre-market and are now up by 3%. This signals that investors/traders are still divided over the overall market sentiment- you have the buy the dip buyers as well as the short sellers simultaneously.
Chip stocks roared back as AMD jumped 13%, but Nvidia slid to a seven-month low as its board probes CEO Jensen Huang. At home, the STI rebounds after Monday's holiday, with Sea reporting tonight. Let'...
Markets seem to slide back a little after a bigger relief rally yesterday. Short term weakness and volatility is still evident and overall share prices are still at a discount compared to a few months back.
Chip stocks roared back as AMD jumped 13%, but Nvidia slid to a seven-month low as its board probes CEO Jensen Huang. At home, the STI rebounds after Monday's holiday, with Sea reporting tonight. Let'...
Markets are wild tonight. Might be going down before a sharp recovery next week. Might be a good time to DCA slowly as buying into red is always better compared to not knowing if the green will continue. Not financial advice and do your own research of your favourite stocks to DCA.
Chip stocks roared back as AMD jumped 13%, but Nvidia slid to a seven-month low as its board probes CEO Jensen Huang. At home, the STI rebounds after Monday's holiday, with Sea reporting tonight. Let'...
It’s CPI day. Tech has done well but it needs help to lift it up, up and away. Let’s hope the CPI data does the trick!
Chip stocks roared back as AMD jumped 13%, but Nvidia slid to a seven-month low as its board probes CEO Jensen Huang. At home, the STI rebounds after Monday's holiday, with Sea reporting tonight. Let'...
SG market's recovery looks muted compared to the S&P, but we must not forget the former was also more stable during the drawdown compared to the latter. SG banks are also still trading sideways with no obvious momentum to push back up for now
Chip stocks roared back as AMD jumped 13%, but Nvidia slid to a seven-month low as its board probes CEO Jensen Huang. At home, the STI rebounds after Monday's holiday, with Sea reporting tonight. Let'...
CPI holds the key tonight with the technicals at a crossroad. The market needs to push higher on volume to convince the fence sitters who are waiting for confirmation before placing their cash back into the market.
Chip stocks roared back as AMD jumped 13%, but Nvidia slid to a seven-month low as its board probes CEO Jensen Huang. At home, the STI rebounds after Monday's holiday, with Sea reporting tonight. Let'...
Chip stocks roared back as AMD jumped 13%, but Nvidia slid to a seven-month low as its board probes CEO Jensen Huang. At home, the STI rebounds after Monday's holiday, with Sea reporting tonight. Let'...
All 3 major U.S. indexes jumped 2% or more on the same day for the first time since April
$NVIDIA(NVDA.US) was the worst stock in the Dow, falling 4.3% to $178.67 as its board investigates CEO Jensen HuangThe Nasdaq rose 2.7% to 25,253 and climbed back out of correction territoryThe S&P 500 gained 2.3% to 7,549.94 and the Dow added 1,104 points to 52,389.75$AMD(AMD.US) led the chip bounce with a 13.3% jump, while $Monolithic Power(MPWR.US) rose 16.6%, $Teradyne(TER.US) 12.7%, $Micron Tech(MU.US) 6.3% and $Sandisk(SNDK.US) 6.2%$Caterpillar(CAT.US) gained 7.2% for the best day in the Dow after falling more than 10% last weekOil kept sliding on Iran deal hopes, with WTI settling at $86.85, its lowest close since August 31, and Brent down 5.85% to $92.57October CPI lands tomorrow morning with futures pricing an 84% chance of a December Fed hikeThe market just showed it can rally hard without $NVIDIA(NVDA.US) carrying it, and cheaper oil is doing a lot of the lifting. Tomorrow's CPI decides whether this bounce has legs or hike fears take over againSource: StockMarket.News
